Centrus Energy (NYSEMKT: LEU) stock tumbled 8.1% through 11:45 a.m. ET Tuesday after The Wall Street Journal warned investors that President Trump’s plan to kick-start a nuclear power renaissance in America “won’t be easy.”
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Centrus is today probably best known as one of a handful of nuclear stocks aiming to restart uranium enrichment for use as fuel in nuclear power plants in the U.S. The company already sells enriched uranium to power plants in the U.S., of course, but primarily in the capacity of a broker, buying uranium from foreign suppliers and reselling it in the U.S.